Mchs Hospitals Inc
86% goes to programs $0 to raise $100 Thin reserves
Mchs Hospitals Inc is a 501(c)(3) organization based in Marshfield, Wisconsin, registered in 2016, with $1,455,966,010 in FY2024 revenue. CharityIndex grades it C+, and it directs about 86% of spending to programs.
611 N Saint Joseph Ave, Marshfield, WI, 54449 EIN 81-0977948 Since 2016
Revenue (FY2024)
$1.5B
▼ 0.5% vs prior year
Health median: $840K
Expenses (FY2024)
$1.5B
Net assets
-$359.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating86% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mchs Hospitals Inc: 86% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mchs Hospitals Inc: 0 mo reserves · -6% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mchs Hospitals Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mchs Hospitals Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
We enrich lives to create healthy communities through accessible, affordable, compassionate health care.
Contact & location
- Address
- 611 N Saint Joseph Ave, Marshfield, WI, 54449
- City
- Marshfield
- State
- Wisconsin
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $82.3M (FY2016) to $1.5B (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2BNet assets -$359.6M
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$885.6M
Total liabilities
$1.2B
Net assets
-$359.6M
Salaries & benefits
$798.9M
52% of expenses
Board members
8
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,455,966,010▼0.5% | $1,546,622,441▼8.1% | -$359,623,008▼398% | $885,596,688▼2.7% | 990 |
| 2023 | $1,462,883,909▲6.5% | $1,683,214,057▲0.2% | -$72,267,868▼104% | $910,287,458▼69.0% | 990 |
| 2022 | $1,373,193,724▼8.7% | $1,680,564,505▲18.9% | $1,943,687,724▲213% | $2,934,686,508▲84.1% | 990 |
| 2021 | $1,503,791,909▲311% | $1,413,097,877▲332% | $621,244,913▼20.9% | $1,593,897,920▼9.4% | 990 |
| 2020 | $365,947,711▼69.5% | $327,296,267▼69.3% | $785,496,779▲7.3% | $1,758,480,787▲2.1% | 990 |
| 2019 | $1,199,919,866▲1.3% | $1,067,239,112▲4.3% | $731,805,642▲129% | $1,721,531,787▲77.5% | 990 |
| 2018 | $1,184,110,469▲88.0% | $1,023,480,250▲67.2% | $318,928,193▲217% | $969,917,800▲40.4% | 990 |
| 2017 | $629,858,437▲665% | $611,988,172▲609% | $100,540,856▲1233% | $690,611,607▲82.5% | 990 |
| 2016 | $82,336,896 | $86,348,988 | -$8,871,195 | $378,351,848 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Hoerneman Md | Board Member/interim Mchs Ceo | 1 | — |
| Cathy Bukowski | Former Mchs Cfo | 0 | — |
| Colleen Hoerneman | Chair | 1 | — |
| David Holmes | Board Member | 1 | — |
| Doug Mathison | Board Member | 1 | — |
| Edward Fernandez Md | Board Member | 1 | — |
| Jeanette Wojtalewicz | Interim Mchs Cfo | 1 | — |
| Jerard Jensen | Mchs General Counsel (thru Jan 2024) | 1 | — |
| John Baltus | Secretary/treasurer | 1 | — |
| Kathy Bressler | Mchs Coo | 1 | — |
| Lisa Boero | Mchs General Counsel | 1 | — |
| Mark Bradley | Vice Chair | 1 | — |
| Samantha Klebe Do | Board Member/mchs Cmo | 1 | — |
| Susan Turney Md | Former Mchs Ceo | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Vaya Workforce Solutions LLC | Professional Services | $48,115,918 |
| Locumsmart LLC | Medical Services | $34,052,121 |
| Crothall Healthcare Inc | Food and Environmental | $12,228,302 |
| Morrison Healthcare | Food and Environmental | $11,683,451 |
| Total Renal Care Inc | Professional Services | $2,439,411 |
Grants received · $8,000 total
1 grant to Mchs Hospitals Inc totaling $8,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Federation of Metropolitan Chicago | Grants from donor advised funds - operating support | 2019 | $8,000 |
Grants made · $884K in FY2024
2 grants totaling $884K in FY2024. All grants made by Mchs Hospitals Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Beaver Dam Community Hospitals Fdn Inc | Community initiatives | $750,000 |
| Rusk County Public Health | Community initiatives | $133,751 |
Similar organizations in Health
Health
University of Wisconsin Medical Foundation Inc
Middleton, WI
$1.6B
A+annual revenue
Health
Gundersen Lutheran Medical Center Inc
La Crosse, WI
$1.6B
Aannual revenue
Gundersen Lutheran Administrative Services Inc
La Crosse, WI
$1.2B
C+annual revenue
Health
Childrens Hospital of Wisconsin Inc
Milwaukee, WI
$1.0B
Aannual revenue
Health
Bellin Memorial Hospital Inc
Green Bay, WI
$834.7M
Aannual revenue
Health
Aspirus Wausau Hospital Inc
Wausau, WI
$730.4M
Aannual revenue
Health
Mercy Health System Corporation
Janesville, WI
$723.1M
Aannual revenue
Health
Prohealth Waukesha Memorial Hospital Inc
Waukesha, WI
$662.0M
Aannual revenue
- Health
Meriter Hospital Inc
Madison, WI
$643.3M
Aannual revenue
Health
Marshfield Clinic Inc
Marshfield, WI
$596.5M
Aannual revenue
Compare Mchs Hospitals Inc
Frequently asked questions
- Is Mchs Hospitals Inc a legitimate nonprofit?
- Yes. Mchs Hospitals Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-0977948, based in Marshfield, Wisconsin. Donations are tax-deductible.
- What is Mchs Hospitals Inc's EIN?
- Mchs Hospitals Inc's Employer Identification Number (EIN) is 81-0977948.
- How much revenue does Mchs Hospitals Inc report?
- Mchs Hospitals Inc reported $1,455,966,010 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mchs Hospitals Inc's spending goes to programs?
- Mchs Hospitals Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mchs Hospitals Inc have?
- CharityIndex grades Mchs Hospitals Inc C+, based on program efficiency and fundraising cost.
- How much does Mchs Hospitals Inc's highest-paid employee make?
- The highest reported compensation on Mchs Hospitals Inc's latest Form 990 is $0, paid to Brian Hoerneman Md (Board Member/interim Mchs Ceo).
More nonprofits in Marshfield
Explore more
Data for Mchs Hospitals Inc (EIN 81-0977948) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.